Yeah, Albers long term thinking is on display again with his latest venture with OBL. It has huge upside and will end up as a free carried jv with an international super major. The biggy for me though is the NZ assets, the Matuku prospect is a very high COS and if it comes in, not only is it a huge payday with near term production, the leases to the West before vastly more prospective (and valuable).
OXX Price at posting:
21.0¢ Sentiment: ST Buy Disclosure: Held
